23 Davis LnSouth FallsburgNY12779
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in South Fallsburg at 23 Davis Ln, South Fallsburg, NY, 12779 generates $1,562/mo in rent and, after a $1,126/mo payment, leaves $26/mo in cash flow. Total monthly income is $1,562/mo, and annual cash flow is $310/yr on $76,245 invested. Return on cash invested sits at 20.32% in year one, and rental yield is 8.15% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 105.66% and total cumulative return in cash sums $80,563. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,562/mo property income rather than buyer’s personal income.
Manufactured
Built in 2006
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12779, South Fallsburg, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,716 (100%) |
| Owner Occupied HU | 302 (17.6%) |
| Renter Occupied HU | 567 (33.0%) |
| Vacant Housing Units | 847 (49.4%) |
| Median Home Value | $353,982 |
| Average Home Value | $366,200 |
Housing Distribution
Address Breakdown
Residential
343
Single Family
229
Multi-Family
114
Businesses
99
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A